Monday, June 19, 2006

God's Anger on 9 Billion Dollars and 3.6 Billion Dollars (Endorsed by 10 Million Yen)

God's Anger on 9 Billion Dollars and 3.6 Billion Dollars (Endorsed by 10 Million Yen)



In the Wall Street, we know, they got a report on the governor of the Bank of Japan.

The governor supported Mr. Yoshiaki Murakami who quite actively helped Mr. Takafumi Horie get big money, nearly 9 billion dollars as aggregate market price, through very dubious stock-market transactions which also brought big profit to Mr. Yoshiaki Murakami's fund.

And, both Mr. Yoshiaki Murakami and Mr. Takafumi Horie were arrested this year.

The governor several years ago, when he was working outside the Bank of Japan, invested about 90,000 dollars (10 million yen) in Mr. Yoshiaki Murakami's fund. After he was appointed as the governor of the Bank of Japan, he still continued to entrust the money to the fund till this February.

Mr. Yoshiaki Murakami was manipulating 3.6 billion dollar fund till recently. His fund got many overseas clients, for example, from the U.S.
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Now it is widely known that Mr. Yoshiaki Murakami, a former high-ranking bureaucrat of the Japanese Government, had a lot of eminent friends while actively operating his fund, including the governor of the Bank of Japan, some parliament members of Japan's Diet, and a certain tycoon in the financial sector.

Any American investors would trust Mr. Yoshiaki Murakami, if they are advised that his fund includes a private investment of the governor of the Bank of Japan who once served as an advisory-board member of the very fund.
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As the Bank of Japan is the central bank of Japan, this news has attracted a great deal of attention even in the Wall Street.

But, the saddest part of this report is that Mr. Yoshiaki Murakami has never invented any creative financial instruments based on science and economics, just like Mr. Takafumi Horie did not invent any innovative technology and business in the IT sector, though they got big money personally in unit of 100 million dollars through transactions in the Tokyo Stock Exchange.

And, we are yet to see if the governor of the Bank of Japan has ever achieved something professionally innovative.
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When the 9/11 general election was called last year, no Japanese dreamed of this sequence of incidents to happen soon.

At that time, Mr. Takafumi Horie war running for the election, while the media was praising Mr. Yoshiaki Murakami as a hero in a new era of Japan's financial sector.

But now, if you are a Japanese voter or taxpayer and informed that it is truly an expression of God's anger, you might find that it could be an only rationale for such fates of those super-rich people.
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I do not recommend you to become super-rich.

If you are, make every effort not to be so, as I did very humbly on my part with the fear of God.



"MAKE THE DRY TREES BECOME GREEN AGAIN"